Delete the transaction

1. Go to Transactions, select the bank receipt to delete, then press Delete.
2. Check the details to ensure it's the correct transaction, then press Delete.

Depending on the VAT reconciled status, the software prompts to either delete, or reverse the transaction.

3. Click Yes to whichever message appears.

What happens to the deleted bank receipt

What happens to the bank receipt depends on whether it has been VAT reconciled or not:

• Not VAT reconciled - the transaction shows as deleted
• VAT reconciled - the software posts bank payment with identical details to reverse the effect of the bank receipt. Next time you run a VAT Return, the software includes this bank payment to reverse the effect on the VAT Return